Amazon .com posted most profitable quarter
Amazon shows its most profitable quarter ever on yesterday. The results, as well as the company’s determination to invest more in new areas and its extremely low profit margins, brought back perennial questions for investors about the company’s ability to consistently earn money.
“By comparative retail standards, Amazon’s level of profitability is currently painfull throughout the weak,”told by Neil Saunders, For every dollar the organization takes, it makes just 0.75 of a cent in profit.
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